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Medical Practice Assessment

 

The Current Environment

 

For many reasons—managed care, compliance, third-party payers, regulators and declining reimbursements—the need to conduct a careful and comprehensive assessment of practice operations and financial management is necessary. Like any business, if a medical practice is going to succeed, it must continually assess its operations and monitor performance.

 

Approach to Improvements

 

KHC’s assessment is designed to respond directly to a Practice’s specific needs, goals and objectives. We begin with on-site observation and evaluation of the provider and staff in action, focusing on improved work flow in the office – making employees’ work time more productive by eliminating unnecessary tasks and improving process. We follow with a detailed analysis of your data and provide clear, useful practice management information, tools and benchmarks to measure and monitor practice performance.

 

Our Assessment can be comprehensive or focused exclusively on selected areas. Some areas we can assist you with:

  • Evaluate Practice productivity/profitability
  • Improve appointment scheduling and patient flow
  • Financial review
  • Evaluate billing and collection policies
  • Review fee structure
  • Compliance review
  • Analyze accounts receivable level
  • Coding/Documentation Training
  • Evaluate marketing and expansion plans
  • Assist in HMO/PPO contract negotiations
  • Personnel management review and staffing analysis
  • Assist in physician contract negotiations
  • Evaluate logistical and operational aspects for improved profitability
 

KOHLER HealthCare Consulting, Inc. (KHC) has been a healthcare consulting leader in performing Practice Assessments and improving operations and financial performance of medical practices for over 30 years. Our experience ranges from enterprise—wide to small physician practices.

 

KHC believes the Practice Assessment is an important tool in addressing concerns over profitability, growth needs or plans, preparation for a future sale, bringing on a new physician or to fine tune the performance of the Practice to achieve goals.

 

Our Clients look to us for practical, complete recommendations and useful tools that can not only be implemented but maintained by the Practice.

 

KHC’s consultants have a variety of pertinent experience and skill-sets and are experts in nursing, clinical, compliance, practice management, coding, billing, finance and regulatory issues. Through this framework of aggregate knowledge, we collaborate with you to address operational and financial issues, thereby providing optimum results.

 

Contact us to help

put the pieces together

(410) 461 − 5116

 

Collaboration + Knowledge = Sustainable Results

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